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The latest insights on the City's business landscape and economic growth initiatives.
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In Boca Raton, economic development is driven by people, opportunity, and results. A strong local economy fuels innovation, supports high-quality infrastructure, and enhances the exceptional quality of life that defines our community.
Through strategic efforts to attract new businesses, support existing companies, and create quality jobs, the Office of Economic Development continues to strengthen a resilient, forward-looking economy where businesses can succeed and grow.
The Office of Economic Development is here to support YOUR business.
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A Strong South Florida Market
A new report from Florida Atlantic University highlights the continued strength of the South Florida economy, with employment levels in Palm Beach, Broward, and Miami-Dade counties outperforming national trends despite broader economic headwinds. While some sectors saw modest shifts, the data points to overall stability and resilience across the region, reinforcing a strong economic foundation that benefits Boca Raton’s business climate. Read More
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The Best Small Cities for Big Careers
Big opportunities aren’t limited to big cities - and Boca Raton is proof. A recent CoworkingCafe study, shared by the The New York Times, ranks Boca Raton in the Top 20 small cities nationwide for career growth, highlighting strong wages, job opportunities, and quality of life. We are proud to be the only Florida city to earn a spot in the Top 20 and be part of that conversation as our city continues to attract talent, support business growth, and provide an environment where careers thrive alongside a high quality of life.
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View a recent interview on the recognition with the City's Economic Development Manager, Jessica Del Vecchio.
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A Quantum Economy
Florida is emerging as a growing hub for quantum technology, marked by a series of coordinated developments across industry, academia, and workforce training. Key highlights include D-Wave’s headquarters relocation and R&D expansion from Palo Alto, California to Boca Raton, Atlantic University’s investment in a $20 million on-site quantum computer, and expanded workforce initiatives from Palm Beach State College — signaling a shift from ambition to execution and positioning the region, and Boca Raton in particular, at the forefront of advanced computing innovation.
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Investing in Our Future
Boca Raton’s economy continued to advance in 2025. Through the Economic Development Incentives Policy, the City supported five economic development projects that will bring over 600 new high paying jobs and nearly $90 million in capital investment, reinforcing Boca Raton’s position as a premier business destination. Companies supported include: D-Wave, Concorde Investment Services, brainlabs and ADMA Biomanufacturing, LLC.
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Making An Impact for Business
The Office of Economic Development has been recognized with a 2025 Impact Award from Business Facilities — a national publication serving corporate site selectors for more than 50 years. The award recognizes the Office’s support in the biopharma sector through its work on the ADMA Biomanufacturing, LLC project, delivering meaningful community impact and reinforcing the City’s continued success in attracting high-value, innovation-driven investment.
| | Celebrating Women's Leadership The Office of Economic Development was proud to partner on the 5th Annual International Women’s Day SPARK event, celebrating authenticity, resilience, and kindness through inspiring stories from local women leaders. Economic Development Manager Jessica Del Vecchio served as emcee for the third consecutive year, helping guide an engaging and impactful evening that highlighted leadership, community, and inclusion. | | |
Local Leaders Spotlight Growth
A recent South Florida Business Journal Table of Experts roundtable brought together local entrepreneurs and executives to highlight Boca Raton’s rise as a hub for innovation, talent, and business growth. Hosted at the City’s Office of Economic Development, the discussion showcased how strong partnerships, access to talent, and a collaborative ecosystem continue to attract companies and support long-term economic vitality.
| | Boca Raton offers a diverse portfolio of corporate real estate - for sale or lease - from campuses and downtown hubs to flexible office spaces and dynamic mixed-use environments. Explore a selection of premier properties below. | | |
4800 N. Federal Highway
- 6,400 SF Office Condo Available
- $2,790,000
- Class A Building
- Ideal for Medical Use
- Flexible Floor Plan
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1800 N. Military Trail
- 2,513 - 45,359 SF Available
- $47 SF/YR
- Atrium, Reception Area, Secure Storage and Parking
- Near Transportation and Dining
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BRiC Unveils Major Transformation
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The Boca Raton Innovation Campus (BRiC) marked the completion of a $100 million transformation, enhancing the campus with modern amenities and flexible workspaces and reinforcing its position as a premier hub for business and innovation.
Link at Boca Advances Transit-Oriented Living
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Boca Raton’s first “15-minute city,” Link at Boca, is moving forward near the Tri-Rail station, bringing new residential units - including workforce housing - and creating a walkable, transit-oriented community expected to open within the next two years.
| | More companies are choosing Boca Raton as their home, drawn by the City’s vibrant business environment and supportive community. We celebrate these businesses and the impact they bring to our local economy. Recent additions include: | | |
Boca Raton continues to gain national and international recognition, with high-profile events and premier hospitality assets driving visibility, tourism, and economic impact.
The Boca Raton Earns Global Distinction
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The City's signature hotel property, The Boca Raton became the only resort in the Americas to achieve a quadruple Five-Star rating from Forbes Travel Guide, earning international recognition for excellence in hospitality.
James Hardie Pro Football Hall of Fame Invitational in the Spotlight
Pepsi National Battle of the Bands Debuts in Boca Raton
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Bringing national attention, this major collegiate marching band showcase made its debut in January 2026, with more than 12,000 attendees and nearly 450 paid hotel nights, marking the start of a multi-year presence in Boca Raton.
| | Boca Raton remains committed to a business-friendly environment, with forward-looking initiatives that continue to enhance the City’s reputation as a hub for opportunity and economic vitality. | | |
Continuous Financial Stability
Boca Raton continues to set the standard for financial stability and excellence, providing a strong foundation for businesses to grow and thrive. Our Financial Services Department recently earned the Award of Excellence in Public Procurement for the 19th consecutive year, and the Distinguished Budget Presentation Award for the 43rd year, including special recognition for performance measures and strategic planning. The City is proud to demonstrate consistent commitment to professionalism, transparency, and fiscal strength.
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Downtown Campus Redevelopment
Following the outcome of the March 10 municipal election, the Downtown Campus Redevelopment project will not move forward as proposed. The City will evaluate potential next steps for this City-owned property and remains committed to engaging residents and stakeholders in shaping a future vision for the area.
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Explore Boca Raton’s strong business landscape in the 2025 Economic Development Annual Report, highlighting the programs and initiatives that drove economic vitality over the past year. From new businesses to competitive operating costs and robust leasing activity, the Office of Economic Development continues to deliver business results.
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